Coca-Cola has been a phenomenal long-term investment. It produces products that virtually everybody in the world recognizes. Its brand is so ubiquitous and so enmeshed in our culture that there are places in the country where people use the word “Coke” for “soda.” As a result, the stock has been one of Warren Buffett’s favorites for a long time. He is known for saying that he believes that in 20 years, there is a strong likelihood that the company will be selling substantially more Coke than it does now.